Director, Total Rewards - Empower Pharmacy

Position Summary:

Empower is in pursuit of a dynamic Director of Total Rewards, a role that extends far beyond traditional compensation and benefits management. This position is about innovation, leadership, and strategic vision in creating a total rewards philosophy that resonates with Empower's mission to deliver quality, affordable medication. The Director will lead the charge in architecting and implementing cutting-edge rewards strategies that attract, retain, and inspire our team. You'llensure that our rewards reflect the diversity and dynamism of our workforce, aligning closely with Empower's strategic objectives. This role is a call to those who aspire to make a tangible impact, fostering an environment where excellence is recognized, well-being is prioritized, and every team member feels valued for their unique contribution to our shared vision. 

Duties and Responsibilities:

• Develops and executes a comprehensive total rewards strategy aligned with the organization's business goals and objectives.  
• Oversees the design, implementation, and administration of competitive compensation programs, including base pay, incentives, and equity compensation. 
• Leads the evaluation, selection, and administration of employee benefits programs including health insurance, retirement plans, wellness programs, and other fringe benefitsensuring they are cost-effective, compliant, and meet the diverse needs of our workforce.  
• Stays informed of industry trends and regulatory changes to ensure compliance with relevant laws and regulations.  
• Partners with senior leadership and the Board of Directors to design and manage executive compensation programs including salary, bonuses, and stock options ensuring competitiveness and alignment with company performance and shareholder interests. 
• Develops and implements employee recognition and well-being initiatives to promote a culture of appreciation, work-life balance, and employee satisfaction. 
• Conducts market research, data analysis, and benchmarking to ensure our total rewards programs remain competitive and drive employee engagement and retention. 
• Ensures compliance with relevant laws, regulations, and corporate governance requirements related to compensation and benefits programs. 
• Partners with HR and Communication teams to develop effective communication strategies and educational materials to help employees understand and maximize the value of their total rewards package. 
• Fosters a culture that promotes innovation, collaboration, and professional growth that aligns with Empower's values. 
• Conducts performance evaluations, offers constructive feedback, and contributes to direct reports development, focusing on excellence and innovation. 
• Partners with department leadership in the hiring process including interviewing, training, and onboarding new employees. 
• Manages relationships with external vendors, such as benefits providers and compensation consultants, and negotiate contracts and ensure that vendors deliver quality services. 
• Collaborates with other HR functions, finance, and senior leadership to align total rewards strategies with overall business goals. 
• Regularly reviews and updates total rewards programs to ensure they remain competitive and meet the evolving needs of the organization and its workforce. 
•  Performs other duties as assigned. 

 

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. 

 

While performing the duties of the job, the employee is requiredon a daily basis to analyze and interpret data, communicate, and remain in a stationary position for a significant amount of the work day; and frequently access, input, and retrieve information from the computer and other office productivity devices. The employee is regularly required to move about the office and around the corporate campus. The employee is regularly required to stand, walk, and reach with arms and hands.  

Knowledge and Skills:

• Strong understanding of compensation principles, practices, and trends, with experience in job evaluation, salary benchmarking, and incentive plan design. 
• Knowledge of employee benefits programs, including health and welfare plans, retirement plans, and voluntary benefits. 
• In-depth understanding of relevant employment laws and regulations related to compensation and benefits. 

 

Key Competencies

• Customer Focus: Ability to build strong customer relationships and deliver customer centric solutions. 
• Optimizes Work Processes: Know the most effective and efficient processes to get things done, with a focus on continuous improvement. 
• Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives. 
• Resourcefulness: Secures and deploys resources effectively and efficiently. 
• Manages Complexity: Makes sense of complex, high quality, and sometimes contradictory information to effectively solve problems. 
• Ensures Accountability: Holds self and other accountable to meet commitment. 
• Situational Adaptability: Adapts approach and demeanor in real time to match shifting demands of different situations. 
• Communicates Effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences. 

Experience and Qualifications:

• Bachelor's degree in Human Resources, Business Administration, Finance, or related field; Master's degree preferred. 
• Minimum of 10 years of progressive experience in total rewards management, including compensation, benefits, and executive compensation. 
• Minimum of 2 years in a leadership role directing, developing, and evaluating the performance of direct reports.  
• Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP) designation preferred. 
• Experience in pharmaceutical or healthcare industry preferred.   
• Experience in designing and managing executive compensation programs, including stock-based incentives and deferred compensation. 

Benefits:

• No-Cost Medication: Get your prescribed compounded medications at no cost, ensuring your health without the financial burden.
• Onsite Health & Wellness – IV Therapy Drips: Rejuvenate with complimentary onsite IV Therapy drips, enhancing your well-being and energy levels.
• Comprehensive Medical, Dental, and Vision Options: Choose from three medical plans tailored to your needs, plus options for dental and vision coverage for you and your family.
• Telehealth visits: Access board-certified Doctors anytime, anywhere for you and your family.
• Paid & Volunteer Time Off: Enjoy paid time off for personal pursuits and contribute to causes you care about with volunteer time off.
• Paid Holidays (8 scheduled; 2 floating): Celebrate with eight scheduled holidays and two floating holidays, giving you flexibility and time for personal traditions.
• Life & AD&D Coverage: Secure your and your family's financial future with life and accidental death and dismemberment (AD&D) insurance.
• FSA (Flexible Spending Account): Manage healthcare expenses smartly with pre-tax dollars in a Flexible Spending Account (FSA).
• 401K Dollar-for-Dollar Up to 4%: Invest in your future with our 401K plan, featuring a dollar-for-dollar match up to 4%.
• Company Paid Long-Term Disability: Provided at no cost, which replaces 60% of your income if you become disabled for a long period of time.
• Flexible Schedules: Balance work and life seamlessly with our flexible scheduling options.
• Rewards & Recognition Program: Your hard work doesn't go unnoticed – enjoy rewards and recognition beyond your paycheck.

 

Additional Voluntary Benefits

• Accident Insurance: Pays a lump sum benefit to help cover expenses following an accidental injury.
• Hospital Indemnity Insurance: Enhance your peace of mind with supplemental hospital insurance for unexpected stays.
• Critical Illness: Protect your finances from the expenses of a serious health issue.
• Short-Term Disability: Protect your income during illness or injury with short-term disability coverage.
• Supplemental Life & AD&D: Add an extra layer of financial protection for you and your loved ones with supplemental life and AD&D coverage.
• Legal Services: Access professional legal assistance to address concerns confidently.
• Identity Theft Protection: Safeguard your identity and finances with our identity theft protection benefit.
• Pet Insurance: Care for your furry family members with our pet insurance coverage.
• Employee Assistance Program: Confidential counseling and support services for a holistic approach to your well-being.